Huawei warns US patent curbs would hurt global tech

  • 📰 trtworld
  • ⏱ Reading Time:
  • 34 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 17%
  • Publisher: 63%

Business Business Headlines News

Business Business Latest News,Business Business Headlines

Huawei says US senator's proposal to block Chinese tech giant from pursuing damages in US patent courts would be a 'catastrophe for global innovation'

People are seen in front of a Huawei logo at the Consumer Electronics Show Asia 2019 in Shanghai, China on June 12, 2019.

Disrupting Huawei's access to US patent courts would threaten the intellectual property system that supports technology development, said Song Liping, the company's chief legal officer.The proposal by Senator Marco Rubio, a Republican from Florida, followed reports that Huawei Technologies Ltd is asking for $1 billion from American phone carrier Verizon for use of the Chinese company's patents.

Huawei's founder, Ren Zhengfei, said this month it has cut its project sales by $30 billion over the next two years due to curbs on access to American chips and other components. He said smartphone sales outside China will fall 40 percent.

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 101. in BUSİNESS

Business Business Latest News, Business Business Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Huawei warns US patent curbs would hurt global techSHENZHEN, China (AP) — Chinese tech giant Huawei warned Thursday a U.S. senator's proposal to block the company from pursuing damages in patent courts would be a 'catastrophe for global... 🤮 Made by Chinese army. That's rich, coming from the chinese!
Source: AP - 🏆 728. / 51 Read more »